Finance for Non-Finance Professionals for Decision Making Course Overview

Finance for Non-Finance Professionals for Decision Making Course Overview

Empower your strategic decision-making with Finance for Non-Finance Professionals for Decision Making. This comprehensive 16-hour course is meticulously designed for CEOs, board members, and senior executives with minimal finance background. Dive into essential topics such as understanding financial statements, mastering cash flow analysis, deciphering the balance sheet, and interpreting the profit & loss account. Practical modules guide participants through making informed decisions, assessing risks, and enhancing business profitability with real-world applications. Whether you're aiming to refine strategic planning or boost financial insight, this course translates complex financial concepts into actionable knowledge, paving the way for informed leadership and robust organizational growth. Join us to bridge your financial knowledge gap and heighten your executive decision-making prowess.

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850

  • Live Training (Duration : 16 Hours)
  • Per Participant
  • Guaranteed-to-Run (GTR)
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♱ Excluding VAT/GST

Classroom Training price is on request

You can request classroom training in any city on any date by Requesting More Information

  • Live Training (Duration : 16 Hours)
  • Per Participant

♱ Excluding VAT/GST

Classroom Training price is on request

You can request classroom training in any city on any date by Requesting More Information

Request More Information

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Koenig's Unique Offerings

Course Prerequisites

For potential students interested in the Finance for Non-Finance Professionals for Decision Making course, below are the minimum required prerequisites to ensure you can fully benefit from the training:


  • Basic understanding of business terminologies such as revenue, expenses, assets, and liabilities.
  • Ability to comprehend and analyze elementary data and information presented in written and chart formats.
  • Willingness to engage in foundational learning about financial statements, cash flows, balance sheets, and profit & loss accounts.
  • Motivation to apply financial insights into practical decision-making within an organizational setting.
  • A leadership or supervisory role or aspiration, as the course content is tailored to help senior executives and board members without a finance background.

These prerequisites are designed to ensure that all participants start with the necessary background to engage productively in this training. However, no prior advanced knowledge in finance or accounting is required.


Target Audience for Finance for Non-Finance Professionals for Decision Making

The Finance for Non-Finance Professionals course empowers top executives to make informed strategic decisions through financial literacy.


  • CEOs and Presidents


  • Senior Executives


  • Board Members


  • Company Founders


  • Entrepreneurial Managers


  • Department Heads without financial training


  • Project Managers overseeing financial aspects


  • Business Consultants seeking financial understanding


  • Non-profit Organization Leaders


  • Government Officials involved in fiscal management




Learning Objectives - What you will Learn in this Finance for Non-Finance Professionals for Decision Making?

Introduction to Learning Outcomes: This course equips non-finance professionals, including senior executives and board members, with essential financial skills to enhance decision-making and strategic planning capabilities.

Learning Objectives and Outcomes:

  • Understand the core purposes and components of major financial statements: Cash Flow, Balance Sheet, and Profit & Loss Account.
  • Analyze and interpret cash flow statements to gauge operating efficiency and financial health.
  • Assess financial stability and strategic opportunities through balance sheet ratios and components.
  • Link profitability analysis with business strategy using key metrics from the Profit & Loss Account.
  • Utilize financial data effectively to make informed, strategic decisions and recognize organizational risks and opportunities.
  • Apply budgeting and forecasting techniques to plan financially for business activities.
  • Evaluate business profitability and identify areas for potential financial improvement and investment returns.
  • Engage in practical, hands-on exercises and case studies to apply learned financial concepts in real-world scenarios.
  • Develop strategic planning skills by integrating financial insights.
  • Successfully complete the final assessment to earn a certification acknowledging financial proficiency.

Technical Topic Explanation

Balance sheet

A balance sheet is a financial statement that provides a snapshot of a company's financial position at a specific point in time. It lists the company's assets, liabilities, and shareholders' equity. Assets include resources the company owns or controls, liabilities represent what the company owes, and shareholders’ equity shows the value left for shareholders after settling liabilities. The balance sheet helps in understanding the company's financial strength and capacity to meet its obligations, making it a crucial tool for stakeholders including non-financial managers engaged in finance for non finance courses.

Cash flow analysis

Cash flow analysis is a financial technique that helps gauge the amount of money moving in and out of a business over a specific period. It's crucial for managers to understand this to ensure the company has enough cash to cover expenses and grow. Finance for non-financial managers courses often teach this vital skill, enabling them to make informed decisions and maintain financial health without needing a deep background in finance. This analysis assists in forecasting future financial positions and aids in strategic planning.

Financial statements

Financial statements are records that provide an overview of a business’s financial condition. They include the balance sheet, which informs about the company’s assets, liabilities, and equity; the income statement, which shows revenue, expenses, and profit over a specific period; and the cash flow statement, which outlines the inflows and outflows of cash. These documents are essential for managers, investors, and creditors to make informed decisions. Professionals can benefit from finance for non finance training to better understand these financial aspects, enhancing their strategic decision-making capabilities.

Profit & loss account

The profit & loss account, or income statement, is a financial report that summarizes the revenues, costs, and expenses incurred during a specific period, usually a fiscal quarter or year. This document helps businesses understand whether they made a profit or incurred a loss by deducting all expenses from revenues. It’s an essential tool for financial analysis and decision-making, providing valuable insights into company performance. Understanding and managing a profit & loss account is crucial, making it a vital topic in courses like finance for non-finance managers.

Target Audience for Finance for Non-Finance Professionals for Decision Making

The Finance for Non-Finance Professionals course empowers top executives to make informed strategic decisions through financial literacy.


  • CEOs and Presidents


  • Senior Executives


  • Board Members


  • Company Founders


  • Entrepreneurial Managers


  • Department Heads without financial training


  • Project Managers overseeing financial aspects


  • Business Consultants seeking financial understanding


  • Non-profit Organization Leaders


  • Government Officials involved in fiscal management




Learning Objectives - What you will Learn in this Finance for Non-Finance Professionals for Decision Making?

Introduction to Learning Outcomes: This course equips non-finance professionals, including senior executives and board members, with essential financial skills to enhance decision-making and strategic planning capabilities.

Learning Objectives and Outcomes:

  • Understand the core purposes and components of major financial statements: Cash Flow, Balance Sheet, and Profit & Loss Account.
  • Analyze and interpret cash flow statements to gauge operating efficiency and financial health.
  • Assess financial stability and strategic opportunities through balance sheet ratios and components.
  • Link profitability analysis with business strategy using key metrics from the Profit & Loss Account.
  • Utilize financial data effectively to make informed, strategic decisions and recognize organizational risks and opportunities.
  • Apply budgeting and forecasting techniques to plan financially for business activities.
  • Evaluate business profitability and identify areas for potential financial improvement and investment returns.
  • Engage in practical, hands-on exercises and case studies to apply learned financial concepts in real-world scenarios.
  • Develop strategic planning skills by integrating financial insights.
  • Successfully complete the final assessment to earn a certification acknowledging financial proficiency.